Political Risk

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World

Macron urges French to make ‘right choice’ in poll gamble

      By Alice Hackman and Stuart Williams   President Emmanuel Macron said Monday he was confident the French would make the "right choice" in snap elections he called after the far right crushed his centrist alliance in Sunday's EU ballot. His surprise move came after mainstream centrist parties kept an overall majority in the European Parliament in Sunday's poll, but the far right notched up a string of […]

today10 June, 2024

Business / Economics

Moody’s downgrades Israel’s debt rating

Moody's has downgraded Israel's debt rating from A1 to A2 due to the economic impact of its conflict with Hamas. The credit rating business listed the increased political risk, weakened institutions, and fiscal strain as key factors. Despite remaining investment-grade, the downgrade will raise borrowing costs for Israel. Bank of Israel Governor Amir Yaron meanwhile says the country's economy is strong and will recover from the impact of the war.

today12 February, 2024